Podcast / Tech Won’t Save Us / May 21, 2026

Prediction Markets Want to Financialize Everything—With Jathan Sadowski 

Polymarket and Kalshi are everywhere. But what are they doing to society? 

(Davide Bonaldo / SOPA Images / LightRocket via Getty Images)

Polymarket and Kalshi are everywhere. But what are they doing to society? Jathan Sadowski joins Paris Marx to discuss the rise of prediction markets and their negative social effects as they push the global economy closer toward the financialization of everything.

Jathan Sadowski is an associate professor at Monash University. He is the author of The Mechanic and the Luddite and cohosts This Machine Kills.

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Paris Marx

Paris Marx is a tech critic and host of the Tech Won’t Save Us podcast. He writes the Disconnect newsletter and is the author of Road to Nowhere: What Silicon Valley Gets Wrong about the Future of Transportation.

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